Oil

12 November 2024
Oil Steady as Traders Await OPEC Report

Oil holds steady as traders await OPEC’s upcoming monthly report for guidance, following oversupply concerns and China’s underwhelming stimulus. – vtmarkets.com

8 November 2024
Oil Dips as Market Awaits Trump’s Policy Impact

Oil prices slip as traders weigh potential supply impacts from the Trump administration’s policy direction. – vtmarkets.com

5 November 2024
Oil Dips Ahead of US Election and China NPC

Oil prices dipped early Tuesday as traders awaited the U.S. election and China’s NPC developments. OPEC+ delay on production hike adds to potential volatility. – vtmarkets.com

1 November 2024
Oil Climbs on Gulf Tensions, OPEC+ Outlook

Oil prices surge on rising risks, with concerns over a potential Iran-Israel conflict and OPEC+ talks on delaying production increases. – vtmarkets.com

30 October 2024
Oil Prices Steady on Surprise Drop in US Crude

Oil steadies as a U.S. crude dip offsets easing Mideast tensions. Traders await more inventory data later today. – vtmarkets.com

29 October 2024
Oil Prices Lifted by U.S. Reserve Refill Plan

Oil prices rise as U.S. plans to refill its reserves, while traders monitor Middle East tensions for supply risks. – vtmarkets.com

25 October 2024
Oil Climbs with Middle East Ceasefire Talks

Oil prices inch upward, bolstered by Middle East tensions and ongoing Gaza ceasefire negotiations, with Brent holding near $74. – vtmarkets.com

23 October 2024
Oil Dips as U.S. Crude Stocks Rise

Oil prices dipped after U.S. crude inventories rose more than expected, while Middle East tensions kept traders cautious. – vtmarkets.com

21 October 2024
Oil Prices Steady After 7% Drop

Oil prices stabilised after a 7% drop last week. Traders watch China’s demand while easing Middle East risks affect Brent crude and WTI, keeping markets cautious. – vtmarkets.com

17 October 2024
Oil Prices Rise as Traders Eye China Stimulus

Oil prices inch higher after two-week lows, with traders focused on China’s stimulus plans and Middle East tensions. – vtmarkets.com

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